Bitcoin: Van de Poppe Eyes $80K Weekly Target
Bitcoin at $65,912 shows weekly bullish divergence as Michaël van de Poppe targets $80,000-$83,000 in 1-2 months on 50-week MA run.
SourceAnalysis
Bitcoin posted a strong bullish divergence on the weekly chart, with Michaël van de Poppe forecasting a run to the 50-week moving average at $80,000-$83,000 within the next 1-2 months. The analyst, positioned long, notes this level historically triggers peak euphoria before a short correction in the first wave of bull markets.
Price action at $65912.63 sits above the EMA50 at $64822.18 and EMA200 at $63672.81, locking in the broader bullish trend structure. MACD registers a golden cross at 504.88 while RSI holds neutral at 57.39, keeping momentum intact without overbought signals. Trading inside the Bollinger Bands places the upper resistance at $67027.73 as the next short-term volatility target, with any extension likely to test that band before a healthy retracement toward EMA50 support.
This BTC price prediction aligns with ongoing Bitcoin weekly chart analysis and current crypto market momentum as traders monitor the path to $80K.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast